UK Tech Investment News by Deal Lite - Week 306
A total of £67.03 million was raised by 20 UK technology companies during the period ending 5th May 2024.
Welcome to the latest edition of the UK Tech Investment News where we keep you up-to-date on the latest deals in the UK tech industry.
To view full funding histories and more, visit www.deallite.uk.
Pre-Seed
London based company Symbe, which is an AI-powered platform that transforms sales by automating the creation of business cases raised £1.2 million Pre-Seed investment from Concept Ventures, Pact VC, Notion Capital, Nodes Ventures, Fedor Chmile and Richard Hadler.
London based HR Tech and RecruTech company Pollen Careers (t/a Pollen), which transforms the entry-level job market into a more inclusive and equitable space raised £112K Pre-Seed investment.
Seed
London based FinTech company Statement Technologies (t/a Tuza), which is a platform that compares payment providers for small businesses raised £4 million Seed investment from Connect Ventures, Northzone, Triple Point, and Entrepreneur First.
Surrey based SaaS company Zing Topco (t/a Zing Dev, Zing), which is a technology services business raised £1.25 million Seed investment from Maven Capital Partners.
Liverpool based SaaS and MarTech company Made With Intent, which is a segmentation platform helping data-led retailers to understand and target customer intent. raised £1.5 million Seed investment from Mercuri and Haatch.
Series A
Woking based SaaS, LegalTech and FinTech company Jigsaw Tech (t/a Jigsaw), which builds diagrams, allowing users to both visualize and manipulate the complex underlying data raised £12 million Series A investment from Exor Ventures, KKR, Morgan Stanley and Linklaters.
London based InsurTech and SaaS company Urban Jungle Services (t/a Urban Jungle), which is using technology to build an insurance provider for a new generation of customers raised £11.2 million Series A Follow On investment from Sony Innovation Fund.
Cambridge based MedTech and ManuTech company PlaqueTec, which develops device to monitor and understand the biological processes associated with heart disease raised £6.41 million investment from Lord Moynihan of Chelsea and Future Fund.
Unverified Deals
London based MarTech and SaaS company Creator Technologies (t/a Trudy AI), which is an influencer selection tool, built for data-driven marketers raised £500K Pre-Seed investment.
Manchester based FinTech company Firenze Group (t/a Firenze), which aims to expand financial services by extending investment-backed lending to a wider audience raised £750K Pre-Seed investment from a16z, Atomico, Ada Ventures, Lakestar, Amir Nooriala, Charlie Delingpole, Felix Leuschner, Keith Grose, Michele Attisani, Ricky Knox, Seth Johnson, Steve Lemon, Andi Kazeroonian, Ara Yeromian, Kaysan Nikkah, Neer Nagda, Oliver Blom, Rothschild, Julius Baer, Schroders, and Cazenove.
Norwich based MarketPlace and PropTech company HM Haus Group (t/a Homemove), which is a platform connecting sellers, buyers and renters with home moving services raised £1.20 million Seed investment.
London based ConsumerTech and MediaTech company Matera which rewards authors for participating on their preferred social media sites. raised £2.8 million Seed investment from Sidedoor Ventures, HighCass Crypto, Medusa Ventures, The Sandbox, Saxon Partners, Enjinstarter, Gemini and Kingsway Capital.
London based EventTech and MusicTech company Gotobeat, which is a platform for concert promotion raised Seed investment from Velocity Capital.
West Sussex based ConstructionTech and CleanTech company Amet Contracting Group (t/a Soil Link), which is driving a circular economy via soil link’s material link platform raised Seed investment from Stephen Kirk.
London based AgriTech and Robotics company Outfield Technologies (t/a Outfield), which provides a yield measurement and orchard management system for high value fruit crops raised Seed investment from South East Angels.
London based IT services and PropTech company MetaConnex , which is transforming how local councils Urban Plan smart communities through Digital Twins and Data raised Series A investment.
London based SportTech and CleanTech company Sportable Technologies (t/a Sportable), which is a sports data company that changes the game for teams and audiences raised £3.00 million Series A investment from Guinness Ventures.
London based e-Commerce, SaaS and MarTech company Swap Commerce (t/a Swap), which is a software company that specializes in returns, exchanges, and funding for e-commerce raised £7.20 million Series A investment from QED Investors, Cherry Ventures, 9900 Capital, 2100 Ventures and Ed Hallen.
London based FashionTech and RetailTech company By Rotation, which is the world’s first social fashion rental app raised Series A investment from Sie Ventures.
London based EventTech company EAS Technologies (t/a Accredit Solutions), which is an event accreditation software provider raised £10.00 million investment from Gresham House Ventures.
Verified Deals from Previous week
London based FinTech company Noggin HQ, which is making access to credit equitable raised £710 Pre-Seed investment from Oxford Capital, Bethnal Green Ventures and SyndicateRoom.
Leeds based Securitytech company BoxPhish, which offers automated intelligent, interactive & experiential training in Cyber Security Awareness raised £3.25 million Seed investment from Business Growth Fund.